Monthly, Not Seasonally Adjusted
LRHUTTFEG7M156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.90
Year-over-Year Change
-7.55%
Date Range
1/1/1991 - 9/1/2017
Summary
This trend measures the monthly, not seasonally adjusted unemployment rate for the U.S. economy. It provides timely insights into labor market conditions that are crucial for economic policymakers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The monthly, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment. This metric offers a raw, unmodified snapshot of the labor market that complements seasonally adjusted figures.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
Policymakers and analysts monitor this trend to assess the health of the labor market and inform economic policy decisions.
Key Facts
- The U.S. unemployment rate was 3.7% in December 2022.
- The labor force participation rate was 62.3% in December 2022.
- The civilian labor force totaled 164.5 million in December 2022.
FAQs
Q: What does this economic trend measure?
A: The monthly, not seasonally adjusted unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a raw, unmodified snapshot of the labor market that complements seasonally adjusted figures, providing crucial insights for economic policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the health of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The monthly, not seasonally adjusted unemployment rate is published by the U.S. Bureau of Labor Statistics in a timely manner, with minimal delays.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRHUTTFEG7M156N), retrieved from FRED.